News

Egypt to Import Wheat from Argentina to Keep Bakeries Open

Egypt is set to import wheat from Argentina after Russia, Egypt’s traditional source of grain, banned wheat exports due to wildfires that have destroyed vast tracts of Russian farmland. (..) Reem Nada, a spokesperson with the United Nations World Food Programme in Cairo, said the organization is keeping an eye on the situation. “It is early days and we are monitoring the situation closely,” she said. “The World Food Programme is concerned at rising wheat prices - any significant price hikes and volatility on food markets may impact poor and hungry people.”